World Vietnam property tycoon faces verdict in multi-billion dollar fraud case Ho Chi Minh City – A top Vietnamese property tycoon faces a potential death sentence Thursday as she and... Read more 11 Apr
World Ex-chair of Chinese state-run bank Everbright held for corruption Beijing – The former chairman of state-owned Chinese banking giant Everbright Group has been arrested on suspicion of corruption... Read more 15 Jan
Technology Bank of Ireland apologises for ‘free money’ tech glitch Dublin — Bank of Ireland apologised on Wednesday after fixing a technical issue that allowed customers to withdraw or... Read more 17 Aug, 2023
Business Finance minister places Habib Overseas Bank under curatorship Cape Town – Minister of Finance Enoch Godongwana has placed Habib Overseas Bank under curatorship with immediate effect “to... Read more 27 Mar, 2023
World Australia to remove British monarch from banknotes Sydney – Australia will remove the British monarch from its banknotes, replacing the late Queen Elizabeth II’s image on... Read more 2 Feb, 2023
Business Ethiopia’s largest bank says Tigray services resume Nairobi – The Commercial Bank of Ethiopia said on Monday that it has resumed financial services in some towns... Read more 20 Dec, 2022
Business Embattled Credit Suisse to buy back $3 billion of debt Zurich – Troubled Swiss banking giant Credit Suisse, which has scrambled to ease fears about its financial health, announced... Read more 7 Oct, 2022
Business Somalia issues licences to first foreign banks Mogadishu – Somalia said on Sunday it had awarded licences to two foreign banks as the troubled Horn of... Read more 4 Jul, 2022
Business Zimbabwe government under fire for halting bank lending Harare – A move by Zimbabwe to suspend lending by banks will backfire, create a parallel banking system and usurp... Read more 10 May, 2022
Business Libya central banks to reunite after 7-year split Tripoli – Libya’s rival central banks said on Monday they had reached a reunification deal, seven years after they divided... Read more 7 Dec, 2021